CFO

Complexities of evolving European VAT landscape revealed

Complexities of evolving European VAT landscape revealed

A new whitepaper has revealed information about the evolving European VAT landscape, with the situation in the UK, Germany and Sweden. Respondents, who work in finance and tax, provided details about the challenges faced by those on the frontline of tax, with findings published in the ‘meeting the challenges of …

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One in five UK businesses are ‘financially stressed’

One in five UK businesses are 'financially stressed'

KPMG has found that one in five UK businesses are financially stressed. According to the research, more than 1,000 organisations are in situations of acute distress; KPMG has analysed findings from all UK businesses that had revenues of more than £10 million over the five years to the end of …

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CBI and PwC survey finds optimism in financial services sector

CBI and PwC survey finds optimism in financial services sector

The quarterly survey conducted by the Confederation of British Industry (CBI) and PwC has found that financial services firms are optimistic about the business situation. Conducted before the 2019 General Election – the result of which may have added more certainty, it could be added – organisations in the financial …

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Businesses unprepared for IR35 legislation changes

Businesses unprepared for IR35 legislation changes

Approximately half of the UK’s businesses aren’t prepared for changes to IR35 legislation, which will come into force this April. Research from the Association of Professional Staffing Companies (APSCo), the recruitment trade body, has shown that there are many organisations who are not ready for the changes to off-payroll working …

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BCC release Quarterly Economic Survey Q4 2019

BCC release Quarterly Economic Survey Q4 2019

The British Chambers of Commerce (BCC) has released its Quarterly Economic Survey Q4 2019. The largest survey of its kind in the UK, the Quarterly Economic Survey Q4 2019 is a leading indicator of GDP growth, and the information provided by the BCC – representing 75,000 businesses in all sectors …

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Government announce review into off-payroll working rules changes

Government announce review into off-payroll working rules changes

The government has confirmed it is launching a review into the implementation of changes to the off-payroll working rules, which will address the concerns of businesses and individuals about how they will be brought into effect. Known as IR35, off-payroll working rules were introduced at the turn of the century …

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Decrease in UK retail administrations recorded in 2019

Decrease in UK retail administrations recorded in 2019

Analysis from Deloitte has revealed a slight decrease in UK retail administrations for 2019. The number of UK retail organisations that entered administration last year was 124, which is ever-so-slightly lower than the 125 in 2018, according to insolvency figures released by Deloitte. This is despite the fact that there …

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Minimum wage underpayment leads to call for stronger enforcement

Minimum wage underpayment leads to call for stronger enforcement

Only 13% of the businesses paying less than the minimum wage were caught in 2018-19. Research from the Resolution Foundation think tank, Under the wage floor, found that non-compliance in paying the minimum wage has been steadily increasing since the introduction in 2016 of the National Living Wage (NLW). Back in 2016, …

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Deloitte CFO Survey reveals economic fears surrounding Brexit

The latest Deloitte CFO Survey reveals fears and concerns surrounding Brexit. According to the survey, 83% of those CFOs canvassed expect the long-term business environment to deteriorate once the UK leaves the EU – a reading not seen since the June 2016 referendum. Deloitte’s Chief Economist, Ian Stewart, said that …

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